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8910 Penny Drive

8910 Penny Drive, Riverside, CA 92503
Property in Arlington North
Sold Mar 23, 2017
Transfer
$180,097 by Stearns Lending Llc
Mortgage Due Apr 01, 2042
Sold Oct 02, 2012
$175,000
$171,830 by Golden Empire Mortgage Inc
Mortgage Due Oct 01, 2042
8910 Penny Drive in Riverside, CA was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8910 Penny Drive has 2,063 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 288 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $175,000 in Sep 24, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,750 in taxes each year. The initial year of tax delinquency occurred in 2022. 8910 Penny Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $302,886. If we break it down further, the land itself was valued at $71,009. Improvements to the property, however, were assessed at a total of $231,877. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,441
  • Gross Building Area: 2,441
  • Building Area: 2,063
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,063
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON NORTH SUB 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 34 MB 026/038 ARLINGTON NORTH SUB 1

Ownership

  • Current Owner : ORTIZ GILBERTO
  • Current Owner 2: VILLALOBOS ROXANA
  • Previous Owner : ORTIZ GILBERTO
  • Owner Before Previous Owner: V & B INVESTMENT CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 041001

Zoning

  • Zoning: R1065

Geography

  • Parcel: 155-261-006
  • Lot: 34
  • Municipality: RIVERSIDE
  • Latitude: 33.9485
  • Longitude: -117.468

    Address

  • Full Address: 8910 Penny Dr
  • Address - House Number: 8910
  • Address - Street Name: Penny
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: C005
  • 4-Digit Zip Code: 1327
  • Zip Code: 92503

Valuation

    Tax

  • Total Area: 1,253
  • Tax Year: 2023
  • Tax Amount: $3,750
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 009-010

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 749,293
  • High Value: 884,345
  • Low Value: 614,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,097
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 23, 2017
  • First Open Lien Mortgage Loan Amount: $180,097
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $640,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,886
  • Assessed Land Value: $71,009
  • Assessed Improvements Value: $231,877

    Sales

  • Current Sale Contract Date: Mar 16, 2017
  • Current Sale Recording Date: Mar 23, 2017
  • Current Sale Transaction ID: 1813985689
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0117714
  • Previous Sale Recording Date: Oct 02, 2012
  • Previous Sale Contract Date: Sep 24, 2012
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Mar 23, 2017
  • First Mortgage Loan Amount: $180,097
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 02, 2012
  • Previous Mortgage Loan Amount: $171,830
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 8910 Penny Drive located in?
The 8910 Penny Drive is a located in the neighborhood of Arlington North in Arlanza, Riverside.
What is the average sales price for listings in 8910 Penny Drive?
The average sales price for units in 8910 Penny Drive is $0 currently.

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